£171,849
This estimated value is based upon the latest sale price for the house of £138,000 on 7 May 2019. This value is then adjusted by the current Official House Price Index for DURHAM 1
There has been one burglary within the last year on or near Elm Grove
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| Price Paid | Date |
|---|---|
| £138,000 | 7 May 2019 |
| £88,000 | 20 Jun 2003 |
| £36,000 | 30 Jul 1998 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in May 2019 the House Price Index for DURHAM was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £138,000 results in an estimated price of approximately £171,849.
| 7 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £138,000 | £33,849 | £171,849 |
The Postcode Pricing Model uses changes in average sales price within the NE16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 169.256 % | £233,572 | £371,572 |
| 3 Month Average | 32.037 % | £44,211 | £182,211 |
| 6 Month Average | 32.159 % | £44,379 | £182,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £180,270 | £177,500 | 83 BRYANS LEAP |
| 28 Mar 2024 | £58,905 | £58,000 | FLAT 1 ROBSON HOUSE THE LEAZES |
| 20 Dec 2023 | £131,026 | £127,000 | 94 BIRCH CRESCENT |
| 23 Oct 2023 | £429,761 | £420,000 | 6 THE LEAZES |
| 29 Sep 2023 | £82,826 | £81,000 | 9 PINE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Grove |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poplar Avenue |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near East View |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |